Deal Announcements

Wound Care Company Nets $2 Million Additional Funding

Thursday, August 09, 2007 5:00:00 AM PDT | VentureDeal Staff

ATLANTA, GA -- Wound care company Biofisicia said that it has received $2 million additional financing in the form of venture debt.

Biofisicia makes a wound care device that combines moist wound care dressing and electrical stimulation that accelerates the healing process, all in a disposable, sterile dressing.

Leader Ventures provided the debt facility.  Biofisicia plans to use the proceeds for working capital and to fund operational expenses related to its product, which is approved and being sold in the United Kingdom.

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